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| Version 0 | Version 1 |
|---|---|
| Warren Buffett increases shareholding in Goldman Sachs | Warren Buffett increases shareholding in Goldman Sachs |
| (2 days later) | |
| Legendary investor Warren Buffett will become one of the 10 largest investors in Goldman Sachs after the profit he made on his capital injection into the Wall Street firm during the 2008 crisis was turned into shares. | Legendary investor Warren Buffett will become one of the 10 largest investors in Goldman Sachs after the profit he made on his capital injection into the Wall Street firm during the 2008 crisis was turned into shares. |
| Buffett's Berkshire Hathaway investment vehicle saves billions of dollars in upfront costs through the profit on warrants being turned into 9.6m Goldman shares – astake of about 2%. | Buffett's Berkshire Hathaway investment vehicle saves billions of dollars in upfront costs through the profit on warrants being turned into 9.6m Goldman shares – astake of about 2%. |
| "We are pleased that Berkshire Hathaway intends to remain a long-term investor in Goldman Sachs," Goldman Sachs chief executive Lloyd Blankfein saidt. | "We are pleased that Berkshire Hathaway intends to remain a long-term investor in Goldman Sachs," Goldman Sachs chief executive Lloyd Blankfein saidt. |
| Buffett, in the same statement, affirmed that Berkshire intended to retain a "significant investment" in Goldman. | Buffett, in the same statement, affirmed that Berkshire intended to retain a "significant investment" in Goldman. |
| Berkshire received the warrants in 2008 after investing in Goldman during the depths of the financial crisis in what was seen at the time as a vote of confidence in the bank. | Berkshire received the warrants in 2008 after investing in Goldman during the depths of the financial crisis in what was seen at the time as a vote of confidence in the bank. |
| Top savings accounts | |
| Coventry BS | |
| GE Capital Direct | |
| Skipton BS | |
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